"In an Oct. 19 article, the Tribune reported that since Rod Blagojevich began raising money in 2000 for his first run for governor, the first lady's home-based River Realty, Inc. earned more than $700,000 in commissions -- and that "more than three-quarters came from clients with connections."
"One such deal, reported on last year, involved the $650,000 sale of a condo from a businessman who later won $10 million in no-bid state contracts.
"The Tribune reported that the first lady earned a likely commission of between $26,000 and $39,000 in the sale.
"The newspaper also reported that Mrs. Blagojevich also had a long business relationship with Antonin "Tony" Rezko, the Chicago developer and former Obama fundraiser who was convicted on fraud charges earlier this year. The Blagojeviches reportedly refuse to disclose how much the real estate company made off Rezko."
This must be Obama’s idea of “spreading the wealth.”
Note for later schadenfreude.